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Revology provides technology-enabled Revenue Cycle Management (RCM) services for hospitals and health systems, using its own purpose-built software to manage financial workflows in healthcare reimbursement. It offers a standalone insurance follow-up tool that can be bundled with expert RCM services, including end-to-end outsourcing of tasks. Its approach combines in-house RCM technology with professional services, giving healthcare providers a one-stop solution to improve cash flow and AR performance. The goal is to help hospitals and health systems accelerate their revenue cycle, shorten days in accounts receivable, and improve financial outcomes.
Industries
Data & Analytics
Consulting
Enterprise Software
Healthcare
Company Size
51-200
Company Stage
Early VC
Total Funding
$7.1M
Headquarters
Iowa City, Iowa
Founded
2022
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Total Funding
$7.1M
Above
Industry Average
Funded Over
1 Rounds
Remote Work Options
Revology, an Iowa-based revenue cycle management company, has been named the fastest-growing company in the Corridor by the Corridor Business Journal. The recognition reflects the company's 569% growth from 2023 to 2025. Revology provides AI-powered software and revenue cycle services to help healthcare providers maximise cash collections and improve operational efficiency. The company has expanded its insurance management platform, Auxo, with advanced AI capabilities that automate workflows and surface actionable insights. Founded in 2022, Revology combines tailored services with technology to support healthcare organisations facing financial and operational challenges. Chief executive officer Chris Klitgaard attributed the growth to the work of the company's team and client trust. The Corridor Business Journal's annual list evaluates organisations based on revenue growth over a two-year period.
Revology named #1 Fastest Growing company by Corridor Business Journal. Corridor Business Journal Announces the 2026 Rankings Being recognized as the fastest-growing company in the Corridor is a direct reflection of the incredible work its Revologists deliver and the trust its clients place in The MarCom Journal every day." - Chris Klitgaard, Chief Executive Officer of Revology IOWA CITY, IA, UNITED STATES, July 17, 2026 / EINPresswire.com / - Revology, a revenue cycle management company providing next-generation technology supported by tailored services to help healthcare providers maximize cash collections and operate more efficiently, today announced it has been ranked #1 on the Corridor Business Journal's annual list of the Fastest-Growing Companies. The recognition honors organizations that achieve exceptional growth, innovation, and impact across the region. The ranking reflects Revology's 569% growth from 2023 to 2025, as healthcare providers embrace innovative technologies that redefine how revenue cycle work gets done. By combining AI-powered software with deep revenue cycle expertise, Revology helps organizations improve visibility, automate complex workflows, and maximize financial performance. "Being recognized as the fastest-growing company in the Corridor is a direct reflection of the incredible work our Revologists deliver and the trust our clients place in us every day," said Chris Klitgaard, Chief Executive Officer of Revology. "Healthcare organizations are facing unprecedented financial and operational challenges, and we're committed to helping them navigate that complexity with innovative technology, deep revenue cycle expertise, and AI-powered solutions that maximize cash collections so they can provide access to the best care for their communities, while creating a more sustainable path toward the autonomous revenue cycle." Revology has significantly expanded the capabilities of Auxo, its comprehensive insurance management platform, by introducing advanced agentic and generative AI capabilities that help revenue cycle teams automate critical workflows, prioritize the highest-value work, surface actionable insights, and improve payer accountability. Combined with Revology's tailored revenue cycle management services such as medical coding and insurance follow-up, these innovations enable healthcare providers to collect more cash, operate more efficiently, and adapt to the growing complexity of today's reimbursement environment. "This recognition represents more than our growth as a company," Klitgaard added. "It reflects the measurable outcomes our clients are achieving. As we continue to invest in innovation, our focus remains on building technology that makes revenue cycle representatives more efficient, and empowers revenue cycle leaders to make better decisions, support their teams, and maximize financial performance." The Corridor Business Journal's Fastest-Growing Companies list evaluates organizations based on revenue growth over a two year period, highlighting those shaping the future of the region. Revology's #1 ranking positions the company among the region's most dynamic and impactful organizations. About Revology Founded in 2022, Revology is a next-generation revenue cycle management company rethinking how revenue gets collected. Revology combines tailored services, deep revenue cycle expertise, and advanced technology to help providers maximize cash collections in a timely and efficient manner. Its comprehensive insurance management platform, Auxo, supports critical mid- and back-end revenue cycle workflows by bringing transparency, automation, and AI-driven insights into the work that drives financial performance. With good humans, smart tech, and relentless revenue cycle focus, Revology helps healthcare organizations improve collections, increase productivity, and move toward a more autonomous revenue cycle. Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. The MarCom Journal do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Revology to present on the autonomous future of Revenue Cycle Strategy at the MUSE Inspire Conference. May 15, 2026, 15:03 ET Terry Reinsager to lead session on how Generative and Agentic AI are automating and optimizing revenue cycle operations IOWA CITY, Iowa, May 15, 2026 /PRNewswire-PRWeb/ - Revology announced today that Terry Reinsager, Chief Revenue Cycle Officer, will present at the upcoming MUSE Inspire Conference in Chicago, leading a session focused on how healthcare organizations can strategically apply automation and AI to improve revenue cycle operations. The session, "The Autonomous Shift: How Auxo Can Plan, Prioritize, and Help Execute Your Revenue Cycle Strategy," will take place on Wednesday, May 20 at 2:15 PM. During the session, Reinsager will explore how healthcare revenue cycle leaders can use AI-driven workflows and automation to better prioritize work, uncover operational trends, reduce manual burden, and improve overall financial performance. The discussion will also highlight practical approaches to modernizing insurance follow-up processes, including streamlining claim status review, coding triage, and appeals workflows so teams can focus on higher-value activities. "Revenue cycle leaders know AI is no longer a question - it's already reshaping how healthcare organizations operate," said Terry Reinsager, Chief Revenue Cycle Officer at Revology. "But the vehicle you choose to drive that transformation matters. This session is designed to share practical strategies for using automation and AI-driven workflows to improve prioritization, reduce manual effort, and help teams focus on the work that drives the greatest financial impact." The session will also examine the broader industry shift toward more autonomous revenue cycle operations and the role technology can play in helping organizations navigate growing payer complexity, workforce challenges, and increasing operational demands. About Revology Founded in early 2022, Revology provides revenue cycle management (RCM) technology and tailored services to hospitals, health systems, and physician groups. Built by a team of experienced revenue cycle professionals, Revology's team has run all aspects of the provider-side revenue cycle for more than 130 health systems. Its proprietary technology platform, Auxo, brings unparalleled transparency, automation, and efficiency to the revenue cycle process. For more information, visit https://www.revologyhealth.com/ Media Contact SOURCE Revology
MMH announces strategic revenue cycle partnership with Revology. (Batesville, IN) - Margaret Mary Health (MMH) on Wednesday announced a strategic transition of its revenue cycle operations through a long-term partnership with Revology. This decision comes after more than a year of careful evaluation of multiple models and vendors and represents a significant investment in the hospital's future stability, accuracy and financial performance. This transition, which impacts the employment of 55 MMH employees, will occur March 2, 2026. This shift is not a cost-reduction strategy. Instead, it reflects MMH's commitment to improving the tools, technology and expertise needed to thrive in today's increasingly complex reimbursement environment. As billing requirements, payer rules and administrative burdens continue to evolve, hospitals nationwide are struggling to keep pace using internal resources alone. By partnering with Revology, MMH will gain access to advanced analytics, automation, workflow tools and specialized teams that would be costly and difficult to replicate internally. "Strengthening our financial foundation directly strengthens our ability to care for our community," said Liz Leising, President and CEO of MMH. "This partnership gives us the resources and technology we need to grow, but at the heart of this transition is our people. Our revenue cycle team members have been - and will continue to be - essential to our organization. Every team member has been offered a position with Revology, and they will remain valued members of the MMH family. Their expertise, commitment and compassion are central to our success, and this partnership is designed to support them, not replace them." The Revology partnership is expected to improve clean-claim rates, reduce denials, enhance billing accuracy, accelerate payment cycles and create more predictable financial performance. These improvements will ultimately allow MMH to continue investing in clinical staff, expanding services, modernizing equipment and ensuring safe, high-quality care for patients. "We are thrilled to further expand our partnership with Margaret Mary Health and welcome the revenue cycle team to Revology," said Chris Klitgaard, founder and CEO of Revology. "By bringing the team in-house, we can more seamlessly develop opportunities for growth and offer a larger peer network of revenue cycle experts to continue to expand their RCM skills. It also allows us to dedicate more specific resources to continue to improve revenue cycle outcomes for MMH." "We are making this change to prepare MMH for long-term success," said Leising. "Investing in the right partners and the right tools ensures we can continue to provide high-quality care, support our employees and meet the needs of our growing community." The Revology partnership will provide continuity, depth of expertise and expanded staffing support while maintaining MMH's oversight, governance and decision-making authority. MMH and Revology will continue working closely to ensure a smooth transition for team members.
Revology has announced an agreement with Hancock Health to expand their existing partnership into a multi-year contract, as stated in a revology news release from last week.
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Industries
Data & Analytics
Consulting
Enterprise Software
Healthcare
Company Size
51-200
Company Stage
Early VC
Total Funding
$7.1M
Headquarters
Iowa City, Iowa
Founded
2022
Find jobs on Simplify and start your career today